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First Helium Inc V.HELI

Alternate Symbol(s):  FHELF

First Helium Inc. is a Canada-based independent provider of helium gas in North America. The Company is exploring and developing a premier helium project in Alberta, Canada. The Company's Worsley Helium Project in northwestern Alberta is an advanced-stage project covering 53,000 acres with multi-commodity exposure to helium, as well as oil, natural gas liquids (NGLs) and natural gas. Its targets are located on trend and adjacent to past producing helium-enriched natural gas pools and light oil wells.


TSXV:HELI - Post by User

Comment by minigoonon Feb 24, 2023 11:41am
156 Views
Post# 35303503

RE:First Quarter 23

RE:First Quarter 23 Its fine the company has their own disposal well, since they are using the well to dispose the water and cutting costs, they are still having to truck it as i assume they never went back and flow lined from each well to the actual water disposal well ( that would even cut cost a lot more ). That does mean a lot of trucking. I mentioned a year ago, they better make sure the lease roads to these locations have proper road compaction as spring break up will cease all production, this is assuming there are no flow lines to the disposal well.
 They've had 2 months to come out with a stable number that they can porduce at. I had said 300 boe would be nice 2 or 3 months ago, at this point, over 200 boe would be nice. 
 
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